Brandywine Realty Trust (NYSE:BDN) Sets New 1-Year Low – Time to Sell?

Shares of Brandywine Realty Trust (NYSE:BDN) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $4.05 and last traded at $4.05, with a volume of 937294 shares traded. The stock had previously closed at $4.34.

Analyst Upgrades and Downgrades

BDN has been the subject of a number of research reports. StockNews.com lowered Brandywine Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. Evercore ISI lowered their target price on Brandywine Realty Trust from $6.00 to $5.00 and set an “in-line” rating for the company in a research report on Thursday, February 6th.

Brandywine Realty Trust Stock Down 0.1 %

The business’s 50 day simple moving average is $4.79 and its 200 day simple moving average is $5.26. The company has a current ratio of 2.26, a quick ratio of 1.74 and a debt-to-equity ratio of 2.12. The firm has a market capitalization of $693.15 million, a PE ratio of -3.51 and a beta of 1.32.

Brandywine Realty Trust (NYSE:BDN) last released its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.17 EPS for the quarter, topping the consensus estimate of $0.01 by $0.16. Brandywine Realty Trust had a negative return on equity of 16.40% and a negative net margin of 38.46%. On average, equities research analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Brandywine Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Thursday, April 3rd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 14.98%. The ex-dividend date of this dividend is Thursday, April 3rd. Brandywine Realty Trust’s dividend payout ratio is currently -52.63%.

Institutional Trading of Brandywine Realty Trust

Institutional investors have recently bought and sold shares of the stock. Quarry LP raised its stake in shares of Brandywine Realty Trust by 752.5% in the third quarter. Quarry LP now owns 4,595 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 4,056 shares during the period. Kestra Investment Management LLC purchased a new stake in Brandywine Realty Trust in the 4th quarter worth about $26,000. US Bancorp DE lifted its stake in Brandywine Realty Trust by 11,198.0% in the fourth quarter. US Bancorp DE now owns 5,649 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 5,599 shares during the last quarter. Headlands Technologies LLC lifted its stake in Brandywine Realty Trust by 64.1% in the fourth quarter. Headlands Technologies LLC now owns 6,247 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 2,441 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Brandywine Realty Trust by 360.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 8,248 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 6,457 shares during the period. 87.27% of the stock is currently owned by institutional investors.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale.